WB Electronics in talks with potential investor

Arms producer WB Electronics shareholders have begun talks with a potential financial investor, the company said. “The potential changes in the company’s shareholding structure are seen in line with the interests of the company and its shareholders, and could result obtaining additional funding from the potential investor to finance the development of the WB Electronics group,” the statement said. WB Electronics added that it is looking for investors as it plans to increase its capital and investments to further develop the company. According to the management, WB Electronics is also looking into possible debt financing, as well as the possibility to issue new bonds.